Post
Topic
Board Bitcoin Discussion
Re: Bitcoin does not have limited supply
by
mickeybuddy27
on 05/01/2019, 22:29:39 UTC
Well, in my point of view. I think Bitcoin are just limited just like a fiat it will need to cycle all of the released coins in the market because if Bitcoin is endless in supply then I think the value of it will decrease because of the number of supply in the market. For me, the value of coins is depending on the supply of it in the market.
I agree. We need a circulation of bitcoin on the market to grow its price. If no one buy bitcoin and just earning it like in mining then sell, the supply in the market is being added. The supply remains, and it affects the price instead of going up, down is what happen. Though bitcoin is limited if we are not buying to used it, there is nothing to change.